Frequently asked questions relating to Cranbrook Lease Extensions

  • My name´s Jayden. I’m house hunting in Cranbrook I'm considering offering on a garden flat online, with roughly seventy seven years outstanding, how much does it cost on average to extend in this area by, say, fifty years?
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I have contacted my freeholder for a lease extension for my flat in Cranbrook. Her has been in contact with costs etc. I need an estimate for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started June 1986.
  • I an interested in finding out more about leasehold property buying. We are going to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Cranbrook area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • My OH and I have owned a leasehold flat for around eighteen years. There are 63 years outstanding on the lease. Following a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to LVT and would welcome advice.
  • Just been over two years that I have owned my three bed flat in Cranbrook. I have sixety years remaining on the lease. I am now looking either to buy a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Cranbrook based or any will do fine?
  • My OH and I are are hoping to complete on a one bed flat in Cranbrook which has share of freehold and a leasehold. The lease was on the short side so the vendor is in the process of extending the lease. The vendor has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the house buying process is for our to do OS1 search on the property title. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it right that we have to hold on pending registration of the new lease?
  • Are you able to provide an estimate to extend my mother’s lease on a three bed flat in Cranbrook. She already has a figure from the freeholder for a lease extension but I am unclear whether it is too expensive.
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my maisonette in Cranbrook
  • Do you handle lease extensions on land? (a plot of land in Cranbrook with 82yrs remaining)

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Cranbrook